If you love to gamble, AOM could be your stock. A long time flat stock, it may be on the verge of an uptrend after the current rights issue closing on Monday 8/10.
There is no prospectus, but the rights issue is fully underwritten by Malaysian Smelting Corp (20% of world tin production). I don't think they will throw money away!
You can buy the rights or the shares... there is no premium. AOM has done nothing for the last 12 months.... it may still do nothing.... but it may start moving up from 1 c.
The big danger is consolidation.... the second within 12 months... however, this has not been announced.
It's a gamble.... but it is not like the casino!!!!
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